Oil closes in on $100 as Mideast war flares

TAGS: Technical Analysis Software

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News in Brief

  • European companies down but not out in AI race.
  • Qualcomm signs deal to provide Amazon with custom AI chips.
  • Farmers are embracing AI more than any other tech, McKinsey says.
  • US says Alibaba, DeepSeek have ‘systematically’ siphoned AI models.

MarketWatch:

  • Beneath the surface, the next market leaders are getting ready to break out, says Morgan Stanley.
  • Amazon and AT&T team up to challenge SpaceX’s satellite dominance.
  • Goldman Sachs flips on oil-price forecasts and says $120 Brent could be next.

yahoo! finance:

  • Dow drops 600 points as global risks rattle investors.
  • Canada slaps retaliatory tariffs of up to 50% on $20B in US goods.
  • Apple kicks off new era Wednesday, Anthropic S1 watch.

Oil prices approach $100 as Middle East conflict flares, Goldman sees potential upside to $120.

Global Indexes

S&P 500

The S&P 500 closed below its EMA8 line correcting.

DAX

The DAX is still closing below its EMA8 line in a sideways trend.

HANG SENG

The HANG SENG also dipped below its EMA8 support.

NYSE & NASDAQ Stocks

NVIDIA Corporation

NVDA made an engulfing bear candle after its high wave candle close to top resistance.

Caterpillar Inc

CAT stalled with an uncertain doji with war flaring up.

JSE Stocks

JSE All Shares

The JSE All Shares now has three uncertain candles next to each other.

BRENT

BRNT closed just below $100.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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